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The Cordish Companies and FanDuel Group enter into partnership

18 Dec 2019

(PRESS RELEASE) -- The Cordish Companies and FanDuel Group today announced a strategic partnership to bring FanDuel’s fantasy and sports betting operations to Cordish’ Live! Casino & Hotel and Entertainment Districts properties throughout the country.

The partnership brings together The Cordish Companies’ market leadership in the development and operation of highly acclaimed resort, casino and entertainment destinations with FanDuel’s top brand and industry-leading sports betting platform. Cordish Live! properties welcome over 55 million visitors a year and are among the highest profile destinations in the country. With over 8.5 million customers and presence across 45 states, FanDuel Group operates the biggest retail sportsbook in the world and America’s #1 online sportsbook.

“We are excited to partner with FanDuel to bring our customers the premier sports betting experience in the country, including unique promotions and sports engagement opportunities that will only be available at Live! properties,” stated Joseph Weinberg, Principal of The Cordish Companies.

“With ten decades of experience, The Cordish Companies have created the model for world-class integrated sports, gaming, entertainment and hospitality destinations,” stated Matt King, CEO FanDuel Group. “This partnership allows us to capitalize on the incredible success of sports betting to date and bring FanDuel’s top sports betting operations to Cordish destinations across the United States.”

The partnership will first come to life in Pennsylvania, where the companies plan to bring FanDuel Sportsbooks to Cordish’ Live Casino & Hotel Philadelphia and Live! Casino Pittsburgh. The partnership will also come to life through Live! Entertainment Districts throughout the country. The companies will pursue sports betting licenses and online gaming opportunities in Maryland, Washington D.C., and other jurisdictions across the United States as sports betting expands across the country.
 
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